The Ollo Rewards Mastercard may easily be the cash-back credit card you’ve been looking for. This card offers an easy and convenient way to apply online. The application will result in a hard pull with credit bureaus, meaning that it will reflect your credit score. Ollo offers a financial product that comes with 2% cash back on drugstores, gas stations, and grocery purchases. There is also 1% cash-back on all other purchases. A low annual fee, no foreign transaction fee, industry average APR, and easy account management make this card one of the best cash-back cards on the market.
Who Is the Ollo Rewards Mastercard For?
It is a good-enough indication that this card is for you if you are regular at gas stations, drugstores, and grocery shops. The Ollo Rewards Mastercard will put you in a position to earn more from every dollar you spend at the venues mentioned above. The issuer has no limits when it comes to cash-back rewards, which is a must-have perk in a rewards card. Do you find managing your credit cards hard? Ollo’s credit card will make it easier for you to enjoy spending once again. The company has a transparent policy. You can avoid penalty APRs without breaking a sweat. Surprise fees are also a no-go should you choose this issuer. With Ollo, there are no over-the-limit, returned payment, or foreign transaction fees. Are you looking for a credit card that can help you improve your credit score and put you in a position to earn a few bucks while doing it? The Ollo Rewards Mastercard might be the card you’ve been looking for.
The Ollo Rewards Card Benefits
Cash Back rewards.
This credit card offers a few benefits to consumers. Let’s start with the one that puts it in the category of reward credit cards – cash-back bonus. This credit card has category-specific and overall cash-back bonuses. A 2% cash-back applies to purchases made at gas stations, grocery stores, and drugstores, while a 1% cash-back applies to all other purchases.
The issuer also brings another valuable perk to the deal – unlimited cash-back rewards. You can make purchases without having to worry about whether you will get rewards or not. As long as you use this card to pay your bills, you will be able to cash in on rewards.
Fee free deals
Not a direct benefit, but a benefit nonetheless, is the fee-free deal Ollo offers. All cardholders are free of paying over the limit and returned payment fees. You can even use the card to make purchases abroad because you won’t be charged a foreign transaction fee; a perk many cash-back cards don’t have.
Zero fraud liability
And finally, the issuer offers good security and outstanding services. You will benefit from Zero Fraud Liability. If your card gets stolen and someone makes unauthorized purchases, you will still be protected. Consumers have access to US-based customer support services around the clock.
Easy to manage
The online portal offers an easy and convenient way to manage your account anytime and anywhere.
Are There Any Disadvantages?
We can say that Ollo did a great job making this card stand out from the crowd. Compared to other cash-back cards, this one comes with very few disadvantages.
Its weakest point is the annual fee. To be the proud owner of the Ollo Rewards Mastercard, you will have to pay 0 to $39 every year depending on your creditworthiness. This is quite a substantial sum given that most cash-back cards have variable annual fees the issuer determines after reviewing applicants’ financial footprint.
Slightly high APR
There is also the question of APR. It is slightly above the industry average. If it were below the average, this card would definitely be one of the most attractive cash-back offers.
Should You Use Ollo Rewards Mastercard
This card is a viable financial method you can use to support your credit score rebuilding strategy and make some money on the side. If your credit score is still at a fair level, this card is an excellent choice. You can use it to boost your average scores and make those purchases count. Meanwhile, you won’t have to worry about any hidden fees, including late, return payments, and foreign transaction fees. However, this card is available by invitation only.
Best Ollo Card Alternatives
Frequently Asked Questions